Re: Iowa farmland value up 21% for year ending September 1st!
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yea but when you buy land, you buy it w/ borrowed money, where as w/ stocks you are usually tieing up all your money.
So IMO you cant just compare the annual return.
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Ever heard of margin? Besides if I only made 21% this year I'd find a good 2nd hand Hari Kari knife. Also his farmland profit is on paper, mine is liquid and in the bank.
In case you are interested my portfolio is up 28% since July
Jimbo
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My portfolio is up 3% since Monday.
I win.
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